Market Overview

Spacelabs Healthcare Celebrates 60 Years of Innovation


This month marks the 60th anniversary of a pioneering medical
telemetry company that helped enable the first American spacewalk and
the historic Apollo 11 lunar landing.

Spacelabs Healthcare, a subsidiary of OSI Systems, Inc., began in 1958
as co-founders Ben L. Ettelson and James A. Reeves began working with
the U.S. Air Force and NASA. Spacelabs went on to become a prime
contractor to NASA for the historic Gemini and Apollo missions. The
Gemini Program required real-time, remote physiological monitoring of
orbiting astronauts from Earth. Spacelabs' innovation in medical
telemetry helped make history as part of the Gemini IV flight as
astronaut Edward H. White II became the first American to walk in space
in June 1965.

In 1966, Spacelabs introduced its ground-breaking medical technology to
civilian healthcare facilities. By 1968, Spacelabs had expanded its line
of products to offer a range of bedside and multi-patient central
station monitors.

NASA's Apollo Program was dedicated to fulfilling President John F.
Kennedy's challenge to land a man on the moon by the end of the decade.
In July 1969, Neil Armstrong stepped onto the moon wearing Spacelabs
telemetry. NASA honored Spacelabs with a certificate of appreciation for
outstanding contributions to the Apollo Program. By the early 1970s,
Spacelabs was installing its "Apollo 70 Cardiac Care Monitoring System"
at hospitals throughout the United States, with astronauts including
Alan Shepard and Edgar Mitchell attending in person to participate in
the dedication celebrations on several occasions.

"From Ed White's historic Gemini IV spacewalk and Neil Armstrong's first
step on the moon, to millions of patients around the world today,
Spacelabs' pioneering innovations in real-time telemetry enable health
monitoring and diagnostics for people and patients no matter where they
are," said Jim Green, President of Spacelabs. Green continued,
"Real-time critical health data at diagnostic-level fidelity with
advanced clinical analytics positions Spacelabs as the bridge to the
advanced monitoring and analytical systems of the future, whether in the
hospital, the home, or in the clouds."

About Spacelabs Healthcare

Spacelabs Healthcare (,
a subsidiary of OSI Systems, Inc., is an international developer,
manufacturer and distributor of medical equipment, services, and
supplies and accessories selling to hospitals, clinics and physician
offices. Spacelabs has offices in the United States, United Kingdom,
Canada, France, Germany, Italy, China, and Singapore, and distributors
in more than 100 countries around the world.

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